Dy. Manager - Monthly Closing, Billing Controls & Receivables

Deputy Manager – Monthly closing, Billing Controls & Receivables

Location: PSP Projects Ltd., Ahmedabad

Department: Finance

Reporting To: CFO/Finance Controller

Role Summary:

We are looking for a qualified Chartered Accountant (CA) with 3–5 years of experience in managing monthly financial closing, billing process control in SAP, and receivables management. The ideal candidate will work closely with the billing function to ensure timely and accurate invoicing and will be responsible for monitoring and improving the company’s receivables cycle. This role is critical to maintaining financial discipline and cash flow efficiency in a fast-paced construction infrastructure environment.

Key Responsibilities:

1. Monthly Closing Activities

   • Ensure timely and accurate monthly financial closing in coordination with the finance and project teams.
   • Reconcile revenue, cost, and project-related entries in SAP.
   • Prepare and review monthly closing schedules, provisions, and journal entries.
   • Support preparation of monthly MIS and financial reports.

2. Billing Process Control (SAP)

   • Coordinate with the billing team to ensure timely generation and posting of invoices in SAP.
   • Validate billing data against project milestones, contracts, and client approvals.
   • Monitor SAP billing workflows and ensure compliance with internal controls.
   • Resolve discrepancies between billing records and project execution data.

3. Receivables Management

   • Track outstanding receivables and follow up with internal teams and clients for timely collections.
   • Analyze aging reports and highlight overdue accounts for escalation.
   • Coordinate with business development and project teams to resolve disputes or delays in payments.
   • Prepare weekly and monthly receivables dashboards and collection forecasts.

4. Internal Controls & Compliance

   • Ensure adherence to internal financial controls related to billing and receivables.
   • Support internal and statutory audits by providing relevant documentation and reconciliations.
   • Maintain audit trails and documentation for all billing and collection activities.

5. Process Improvement & Coordination

   • Identify gaps in billing and receivables processes and recommend improvements.
   • Collaborate with IT and SAP teams to enhance automation and reporting capabilities.
   • Train and support billing and project teams on SAP billing and receivables processes.

Qualifications & Skills:

• Education: Chartered Accountant (CA) – Mandatory
• Experience: 3–5 years in monthly closing, billing, and receivables, preferably in the construction or infrastructure sector
• Technical Skills:
  • Proficiency in SAP (especially billing, FI/CO modules)
  • Strong Excel and analytical skills
  • Understanding of project-based accounting and revenue recognition
• Behavioral Competencies:
  • Strong attention to detail and process orientation
  • Effective communication and coordination skills
  • Ability to work under tight deadlines and manage multiple priorities